Perfect investment property,starter or if you even want to develop on this lot as the seller already had triplex site plans completed & approved by City of Lynchburg fo a 3 unit triplex building, each 3 bedrooms & 3 full bathrooms with each unit being a two story,1300 SF. Currently zoned R-4, this one level brick home offers 2 spacious bedrooms, a full bath, living room, & spacious kitchen all situated on a huge lot with so much potential. Currently property is being used as a rental property & has been for some time now, but it has so many possibilities with Target shopping center, Walmart, ton of restaurants, LU, CVCC, & a long list of places literally within short drive or walk, this home would be perfect for almost anyone. Seller also recently paid to connect into city sewer, so property is on both water and sewer with city.With everything on one level, off- street parking, a ton of yard space, & literally minutes to almost everything, this property has it all.
Sold for $122,500
$122,500
309 Del Ray Cir, Lynchburg, VA 24502
2beds
810sqft
Single Family Residence
Built in 1950
0.39 Acres Lot
$171,100 Zestimate®
$151/sqft
$1,172 Estimated rent
Home value
$171,100
$157,000 - $185,000
$1,172/mo
Zestimate® history
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List your homeWhat's special
Off-street parkingBrick homeTon of yard spaceSpacious kitchenTon of restaurantsTarget shopping center
Zillow last checked:
Listing updated:
Listed by:
Mike Osei 434-444-6206 mikeo8us@gmail.com,
Long & Foster-Forest
Bought with:
Jason C. Hinds, 0225059362
DeWitt Real Estate & Auctions
Source: LMLS,MLS#: 347909
Originating MLS: Lynchburg Board of Realtors
Originating MLS: Lynchburg Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Area: 156
- Dimensions: 13 x 12
Bedroom
- Dimensions: 0 x 0
Bedroom 2
- Level: First
- Area: 156
- Dimensions: 13 x 12
Bedroom 3
- Area: 0
- Dimensions: 0 x 0
Bedroom 4
- Area: 0
- Dimensions: 0 x 0
Bedroom 5
- Area: 0
- Dimensions: 0 x 0
Dining room
- Area: 0
- Dimensions: 0 x 0
Family room
- Area: 0
- Dimensions: 0 x 0
Great room
- Area: 0
- Dimensions: 0 x 0
Kitchen
- Level: First
- Area: 156
- Dimensions: 13 x 12
Living room
- Level: First
- Area: 156
- Dimensions: 13 x 12
Office
- Area: 0
- Dimensions: 0 x 0
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Electric Range, Refrigerator, Electric Water Heater
- Laundry: Dryer Hookup, Laundry Room, Main Level, Separate Laundry Rm., Washer Hookup
Features
- Ceiling Fan(s), Drywall, High Speed Internet, Main Level Bedroom
- Flooring: Hardwood, Vinyl
- Doors: Storm Door(s)
- Basement: Other
- Attic: Access,Scuttle
Interior area
- Total structure area: 810
- Total interior livable area: 810 sqft
- Finished area above ground: 810
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street
- Has garage: Yes
Features
- Levels: One
- Exterior features: Garden
Lot
- Size: 0.39 Acres
- Features: Landscaped
Details
- Additional structures: Storage
- Parcel number: 26201037
- Zoning: R-4
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1950
Utilities & green energy
- Electric: AEP/Appalachian Powr
- Sewer: City
- Water: City
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Leesville Rd
Location
- Region: Lynchburg
Financial & listing details
- Price per square foot: $151/sqft
- Tax assessed value: $123,600
- Annual tax amount: $808
- Date on market: 8/28/2023
- Cumulative days on market: 21 days
Price history
| Date | Event | Price |
|---|---|---|
| 11/30/2023 | Sold | $122,500-26.2%$151/sqft |
Source:  LMLS #347909 Report a problem | ||
| 11/21/2023 | Pending sale | $165,999$205/sqft |
Source: LMLS #347909 Report a problem | ||
| 11/21/2023 | Listed for sale | $165,999$205/sqft |
Source: LMLS #347909 Report a problem | ||
| 11/21/2023 | Pending sale | $165,999$205/sqft |
Source: LMLS #347909 Report a problem | ||
| 11/18/2023 | Listed for sale | $165,999$205/sqft |
Source: LMLS #347909 Report a problem | ||
| 11/16/2023 | Pending sale | $165,999$205/sqft |
Source: LMLS #347909 Report a problem | ||
| 11/15/2023 | Listed for sale | $165,999$205/sqft |
Source: LMLS #347909 Report a problem | ||
| 9/21/2023 | Pending sale | $165,999$205/sqft |
Source: LMLS #347909 Report a problem | ||
| 9/17/2023 | Price change | $165,999-7.3%$205/sqft |
Source: LMLS #347909 Report a problem | ||
| 9/10/2023 | Pending sale | $179,000$221/sqft |
Source: LMLS #347909 Report a problem | ||
| 8/28/2023 | Listed for sale | $179,000+138.7%$221/sqft |
Source: LMLS #347909 Report a problem | ||
| 7/1/2016 | Sold | $75,000-5.1%$93/sqft |
Source: LMLS #295274 Report a problem | ||
| 4/11/2016 | Price change | $79,000+5.3%$98/sqft |
Source: CENTURY 21 ALL-SERVICE #295274 Report a problem | ||
| 1/8/2016 | Price change | $75,000-11.8%$93/sqft |
Source: CENTURY 21 ALL-SERVICE #295274 Report a problem | ||
| 11/6/2015 | Listed for sale | $85,000+142.9%$105/sqft |
Source: Century 21 ALL-SERVICE #295274 Report a problem | ||
| 7/10/2007 | Sold | $35,000$43/sqft |
Source: LMLS #229069 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,038 +5.7% | $123,600 +12% |
| 2024 | $983 | $110,400 |
| 2023 | $983 -2.4% | $110,400 +21.7% |
| 2022 | $1,007 | $90,700 |
| 2021 | $1,007 +15.8% | $90,700 +15.8% |
| 2020 | $869 | $78,300 |
| 2019 | $869 +6.2% | $78,300 +6.2% |
| 2018 | $818 | $73,700 |
| 2017 | $818 | $73,700 |
| 2016 | $818 | $73,700 |
| 2015 | $818 | $73,700 -3.5% |
| 2014 | $818 | $76,400 |
| 2012 | -- | $76,400 |
| 2011 | -- | $76,400 +6.4% |
| 2009 | -- | $71,800 +15.6% |
| 2008 | -- | $62,100 +49.6% |
| 2007 | -- | $41,500 |
| 2006 | -- | $41,500 |
| 2005 | -- | $41,500 +5.1% |
| 2004 | -- | $39,500 |
| 2003 | -- | $39,500 |
| 2002 | -- | $39,500 |
| 2001 | -- | $39,500 |
Find assessor info on the county website
Neighborhood: 24502
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Nearby schools
GreatSchools rating
- 2/10Heritage Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 1/10Sandusky Middle SchoolGrades: 6-8Distance: 2.6 mi
- 2/10Heritage High SchoolGrades: 9-12Distance: 1.3 mi
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- Virginia
- Lynchburg City
- Lynchburg
- 24502
- 309 Del Ray Cir
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